Hawaii Revised Statutes 421C-19 – Limitations on interest-dividends
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Terms Used In Hawaii Revised Statutes 421C-19
- Association: means a consumer cooperative association. See Hawaii Revised Statutes 421C-1
- Interest-dividends: means the return on share, membership fee, or membership capital of the association which is limited in accordance with section 421C-19. See Hawaii Revised Statutes 421C-1
- Net savings: means the total income of an association minus the costs of operation. See Hawaii Revised Statutes 421C-1
- Share or membership capital: refers to the capital paid into an association by a member in accordance with section 421C-3. See Hawaii Revised Statutes 421C-1